Military Expenditure in Guyana decreased to 59.40 USD Million in 2018 from 59.70 USD Million in 2017.

Military Expenditure in Guyana averaged 32.72 USD Million from 1973 until 2018, reaching an all time high of 96.50 USD Million in 1976 and a record low of 5 USD Million in 1991. Guyana Military Expenditure - values, historical data and charts - was last updated on May of 2020. source: SIPRI

Military Expenditure in Guyana is expected to reach 60.00 USD Million by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Guyana Military Expenditure is projected to trend around 60.00 USD Million in 2021 and 62.10 USD Million in 2022, according to our econometric models.

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Guyana Military Expenditure

Actual Previous Highest Lowest Dates Unit Frequency
59.40 59.70 96.50 5.00 1973 - 2018 USD Million Yearly
constant 2016 prices

Guyana Government Last Previous Highest Lowest Unit
Government Debt to GDP 52.90 51.40 171.10 50.10 percent [+]
Government Budget -3.40 -4.50 6.08 -6.12 percent of GDP [+]
Military Expenditure 59.40 59.70 96.50 5.00 USD Million [+]
Credit Rating 15.00 [+]